Business Banking Portfolio Manager II

 

Salem Five is a growing regional financial services organization with a rich history of over 160 years.  As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.

Salem Five has more than 30 retail banking branches throughout Essex, Middlesex, Norfolk and Suffolk counties, strong business banking capabilities, an Insurance division, a Wealth Management & Trust organization and a Mortgage Company that has provided homeownership to generations of families.

Salem Five believes deeply in supporting the communities in which we reside.

Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA.

We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees.

Come see what we’re all about. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, however other duties may be assigned as necessary:

Manage, maintain and service a Business Banking credit portfolio as defined by the size of client relationships and/or via assignment by senior leadership by:


* Addressing maturing credit facilities and working with account officers to increase bank exposure where appropriate.


* Reviewing and/or renewing demand lines of credit, commercial real estate loans, and letters of credit which may include, but not be limited to, ensuring all loan conditions are being met, collecting and reviewing customer financial statements, delinquency history, overdraft history, credit history, loan files, etc., and making appropriate recommendations to underwriting.


* Working directly with assigned portfolio clients in person, virtually, or via email or other communication channels during the collection of financials and other documentation when needed, and/or in general support of customer inquiries.


* Working with closing attorneys, accountants, lenders and support staff to ensure that all loan pre-closing conditions and post-closing conditions are met.


* Managing loan extensions, loan modifications, name changes, rate changes and notifications of customer dissolutions.


* Assisting in preparation / review of loan documents for assigned relationships.


* Prepare and organize required reports, memos, and any other necessary documentation on a timely basis.


* Demonstrate compliance with banking laws and regulations as defined in company policies and procedures pertinent to the position.


* Attend Weekly Delinquency meetings and assist Business Bankers with the management of delinquent loans within respective portfolios.


* Work collaboratively and effectively with other areas of the company and participate in projects and special assignments as a representative of Business Banking as appropriate.

Education and/or Experience:                                            

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